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4:10 PM ET, July 22, 2020

Mediagazer

 Top News: 
Edmund Lee / New York Times:
New York Times names Meredith Kopit Levien as its next president and CEO starting September 8, succeeding Mark Thompson  —  She will succeed Mark Thompson, the executive who oversaw a transformation from print to digital, in September.  —  The New York Times Company on Wednesday named Meredith Kopit Levien …
Casey Newton / The Interface:
Sources: Kevin Roose's tweets on Facebook stories with the highest engagement per CrowdTangle worry the News Feed team, which favors “reach"-focused metrics  —  What news should people see when they come to Facebook?  —  In the old days, your answer might have been “whatever they want to see,” or even “who cares?”
Jon Allsop / Columbia Journalism Review:
Media focus on Trump's “sober” or “somber” tone in Tuesday's briefing reflects a superficial obsession with style or wishful thinking about his leadership  —  What is it that people say about the definition of insanity?  On Monday, President Trump said he would bring …
New York Times:
Current and former Hearst staffers speak out about a toxic environment, racial discrimination at Cosmo, and sexually offensive remarks by president Troy Young  —  At Cosmopolitan staff meetings, workers complain of discrimination and tokenism.  Former employees say Hearst Magazines president Troy Young made sexually offensive remarks.
Sarah Scire / Nieman Lab:
NYT marks 30 years since the passage of the Americans with Disabilities Act with a special package available in Braille and audio versions for all articles  —  Thirty years ago, the United State passed landmark disability legislation known as the Americans with Disabilities Act or, simply, the ADA.
Laura Hazard Owen / Nieman Lab:
Nieman Foundation announces a new remote visiting fellowship, focused on advancing coverage of racial justice and public health issues in the US  —  These fellowships are open to a broad range of people.  If you're wondering if you should apply, you should.
Anne Steele / Wall Street Journal:
Spotify signs new licensing agreement with Universal, who will also be a partner for developing and testing services and tools Spotify hopes labels will pay for  —  Agreement includes label giant's sign-on to streamer's ‘two-sided marketplace’ where it envisions music companies paying for marketing and data tools
Sahil Patel / Wall Street Journal:
Wave.tv, which makes videos of offbeat sports for platforms like Snapchat and Facebook, raises $32M Series A, says at a valuation between $50M and $100M  —  The three-year-old company closed a $32 million funding round despite a sports world in upheaval  —  Digital-media startup Wave.tv …
Jess Barnes / Cord Cutters News:
The Weather Channel's streaming service Local Now, which partners with Reuters, AP, Cheddar, and others to provide localized info, launches on Vizio smart TVs  —  The Weather Channel's free streaming service, Local Now, has officially launched on VIZIO SmartCast, giving viewers hyper-local content for free …
Charlotte Tobitt / Press Gazette:
UK producer ITN, which makes ITV News, Channel 4 News, and 5 News, says it's reached its target of 20% BAME staff but has a mean ethnicity pay gap of 19.4%  —  Production company ITN has reached its target of one fifth black, Asian and ethnic minority staff two years ahead of plan …
Wall Street Journal:
Sources: DOJ won't oppose Taboola's deal to buy Outbrain, which would give Outbrain shareholders $250M and 30% of new company's stock; deal faces UK hurdles  —  Department concludes combination of rival internet companies isn't likely to suppress competition
Discussion: Adweek
 
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 More News: 
Sara Fischer / Axios:
Kantar: Amazon spent $6.9B on US advertising in 2019, making it the top US ad spender, ahead of Comcast's $6.1B, AT&T's $5.5B, P&G's $4.3B, and Disney's $3.2B
Discussion: New York Times
Sara Fischer / Axios:
Challenger, Gray & Christmas: more than 11K newsroom jobs were cut in the first half of 2020, almost as many as were lost in all of 2009
Salvador Rodriguez / CNBC:
Snap reports Q2 revenue of $454M, up 17% YoY, vs $439.1M est., global DAUs of 238M, up 17% YoY, a net loss of $326M, up from $255M, and ARPU of $1.91, flat YoY
 Earlier Picks: 
Meaghan Winter / Columbia Journalism Review:
Profile of Nexstar Media, the US' largest local TV news company, which has become a unique bellwether of whether consolidation can be in the public interest
Discussion: @cjr, @danmcgowan, @eli_sherman, @cjr and @cjr
Allyson Chiu / Washington Post:
NYT denies Tucker Carlson's on-air claim that it would reveal his address in an upcoming article; Carlson named the story's writer, who was then doxed
Colin Kalmbacher / Law & Crime:
Two ex-staffers sue Fox News, Tucker Carlson, Sean Hannity, Ed Henry, and Howard Kurtz, alleging sexual harassment and retaliation for coming forward
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

 
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